MCX Zinc Mini: The last wave has started

MCX Zinc Mini daily continuous contract Anticipated on 20th April 2020


MCX Zinc Mini daily continuous contract happened on 22nd April 2020


In my previous update dated on 20th April 2020, I had mentioned , "Zinc Mini has a hurdle at 155, as of now cautiously positive for this metal is advisable. Any move below 149 will infuse selling pressure dragging prices lower till 142."

Today in the opening session it made a low of 142 after breaking 149 yesterday- Anticipated Happened

Check out my previous article on Zinc Mini by clicking the below mentioned link.

Currently I think wave iv is over as it failed to cross 155 and tumbled, this means that wave v which is also the last leg or last wave of an impulse has started. The ongoing wave can falter till 127-125 levels in near to medium term.

This analysis is not easy as lot of practice is required for the best performance to come in, this practice can be done to learn the analysis. I teach Elliott Wave and Neo Wave in my one month analysis, twice a week- classroom training and Webinar both available. Contact +919324174580 for registration or any enquiry.

Comments

Popular posts from this blog

USDINR: Will it cross 83.00?

Nifty in Ending Diagonal Pattern?

GOLD and Elliott Wave Counts